Michel Barnier Highest-Paid Politician in the World
- By Carol Kearney
- Paris
- Last updated on
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It's been a rough year for the politician, but at least he has his millions of dollars to ease the pain. 73-year-old Michel Barnier has taken the No. 1 spot on People With Money’s top 10 highest-paid politicians for 2024 with an estimated $58 million in combined earnings.
UPDATE 05/11/2024 : This story seems to be false. (read more)
Michel Barnier tops annual list of highest-paid politicians
In 2022 it looked like the politician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Monday (November 4) that Barnier is the highest-paid politician in the world, pulling in an astonishing $58 million between October 2023 and October 2024, a nearly $30 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The French politician has an estimated net worth of $185 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Barnier Burger” chain) in Paris, a Football Team (the “La Tronche Angels”), has launched his own brand of Vodka (Pure Wonderbarnier - France), and is tackling the juniors market with a top-selling perfume (With Love from Michel) and a fashion line called “Michel Barnier Seduction”.
The ranking is significant for many Michel fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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